Bronchitis Overview. Acute bronchitis is the sudden inflammation of the tracheobronchial tree, which comprises the trachea, or windpipe (tube that leads from the throat to the lungs) and the bronchi (bronchial tubes, air passages of the lungs).
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DEFINITION of 'Bequest'. The act of giving personal property or money such as stocks, bonds, jewelry and cash left to an individual or organization through the provisions of a will or estate plan. Bequests can be made to family, friends, institutions or charities.haritable gifts after death can also reduce estate taxes. When a bequest is left to a charity, it may be called a legacy gift. Such bequests can be important sources of fundraising for nonprofit organizations. When the bequest is intended for a specific purpose, it is called an endowment.